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February 2006

The General Ledger A PUBLICATION OF THE DENVER—CENTENNIAL CHAPTER

http://www.denverima.org Rocky Mountain Chapter http://www.imarockymountaincouncil.org

February Meeting

Student Night Wednesday, February 15, 2006

Location: Holiday Inn, Downtown

14th & Glenarm

Denver, CO

Times: 3:30-4pm Registration (Students)

4-5pm Workshops on Speed Interviewing, Dress for Success and Resume Critique (Students, bring your resume)

5-5:30 p.m. New Member Orientation 5:30 Social Hour 6:30 Dinner 7:30 Speaker and Scholarship Awards

Cost: $25 Members with reservations $28 Guests without reservations $17 Students with out reservations

For reservations, please contact Mike Handy: • Phone: (303) 300-0188 • Email: michael.handy@kellyservices.com.

Please RSVP by Thursday, February 9, 2006. (Note when you email about your reservation please include the word IMA in the subject line, so your message is not discarded as spam; do not put quotes around IMA.)

Reservations not made by the Friday before the meeting will be charged $28. Please spell out your last name and company when calling.

Cancellations: Please call (303) 300-0188 at least 48 hours prior to the meeting. If you do not cancel, you will be billed for the meeting.

The Institute of Management Accountants

IMA Denver-Centennial Chapter Proudly Presents our Annual

Student & Scholarship Awards Night

Wednesday, February 15, 2006

Holiday Inn – Downtown Denver, 14th & Glenarm, 5:30 p.m.

“free parking” in the hotel, validated at the front desk

Our Keynote Speaker, Mark McIntosh, Channel 4 News Sports anchor

“ADOPTING A PHILOSOPHY OF LEADERSHIP”

Leaders, past and present share one common character-istic: they all have a vision, not of “what is” but “what could be.” What could be the BEST thing that could happen if you adopted that philosophy for a lifetime?

Leadership really knows no boundaries. It’s not con-stricted by gender; by age; by race; by nationality, or by religion. It is not limited to productive outcomes. It can be quite destructive. Never underestimate your ability to make a difference. You can! (Continued on Page 3)

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Continued from page 1)

Keynote Speaker, Mark McIntosh It’s not going to happen unless you decide to shift your thinking from “what is” to “what could be.”

Want to learn more? We are excited and very honored to have Mark McIntosh, Channel 4 daytime sports anchor be our keynote speaker for the evening. He will present his leadership program, “Run to Daylight: Transforming Potential into Prosperity.” Mark says, “I cherish the moment when I challenge audience members, individually and collectively, to commit to the following: We are limited only by our imagination, and not our fears, in creating productive choices to life’s personal and professional challenges.” Mark promises to have the audience pumped and revitalized with a new philosophy by the end of the evening!

Victory Productions recently published McIntosh’s first book, “Kids Teach the Darndest Things: Life Lessons from Our Little Ones” that can be purchased at several bookstores or www.seekvictory.com

In recent years, McIntosh has extensively studied the power of human potential that lies within all of us – if we just get out of our own way! This rediscovered awareness led to Victory Productions, which utilizes McIntosh’s intuitive and problem-solving skills nur-tured years ago on the fields of athletic competition and fine-tuned today as a business and civic leader; communication and listening skills fine-tuned in his lengthy sports journalism career and a natural coaching ability now enhanced through membership in the International Coaching Federation, the worldwide licensing body for personal and professional coaches.

Denver-Centennial’s IMA Board of Directors cordially invites you to register with us for our most inspiring event of the year! Join us this evening as the IMA awards $3,000 in scholarships to several students from local colleges in recognition of their community leadership and academic performance.

Make your reservation now, we look forward to seeing you there!

Sincerely,

Patricia A. Simmers

Board Member, Chairperson, 2006 Student Night Event

patti.simmers@comcast.net

Student Night Sponsors Support from local businesses each year makes the Student Night a success. Thank you to the following sponsors for their continued support of the Denver-Centennial IMA and students along the front range;

PLATINUM

Ajilon Finance

Echostar

Hein & Associates

RHI

GOLD

Anschutz

Comcast

EKSH

Jefferson Wells

SILVER

2 Degrees

Clifton Gunderson

Cobe Labs

Coors

Green Acres

Kelly Financial

Shirley Alexander

Silver Creek Systems

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ATTENTION NEW MEMBERS, OLD MEMBERS, STUDENT

MEMBERS AND POTENTIAL MEMBERS!

You can be involved in our chapter and make a difference, and open yourself to new experiences. As prior President Mike Westcott likes to say, "many hands make light work". There are openings on the board for the upcoming 2006-2007 year that begins in the May/June time frame. Some of these positions test your technical skills while others sharpen your creativity or hone your communication skills. All of the positions will help expand your professional network. And of course, we are a fun group to work with and that is what professional memberships are all about!

Here are a few of the openings:

Director of Speakers - based on input and suggestions from the board, secures the speakers for the 8 dinner meetings that have speakers, obtains the bio and topic summaries, writes the cover article for the newsletter, and confirms AV requirements. Although this has traditionally been handled by just 1 person, if 2 people are interested in working as a team, the work could be divided up to match your schedule AND you would be signing up the educational topics that you really want to learn more about!

Newsletter Editor - it will be tough to fill Ray Reed's shoes, but he has created a wonderful word.doc template to follow. This position assembles the articles that are submitted, completes the layout and emails it to the webmaster for posting on the website, sends the monthly email blast, as well as printing and mailing those few copies to people who need snail mail. Anyone with creativity just waiting to flow from their fingertips is free to redesign the newsletter if they so desire.

Roster Editor - this is a job that lasts just 3-4 months of intense activity, then it is done! In the July, August, September time frame, you receive corporate sponsor ads from the President, design the layout, select a cover and design, obtain quotes from printers and transfer the member contact data into the roster format. You send out copies to board members to proof and then it is off to the printer (or maybe to be published in electronic format...).

Student Night Chair - this position is exciting and provides lots of room for project planning, people skills and fundraising. Based on guidelines and budgets set by the board, you really run your own show on this one. Be daring, be creative, be gutsy and work hard to involve the newer generation of accountants entering our great profession. Lots of interaction with faculty and student accounting clubs. You will motivate, as well as be motivated and inspired by the contacts you make. Help on a number of subcommittees is also needed for Student Night.

Want a smaller time commitment or work on month-to-month projects? We can always use folks on calling committee or the front desk check-in before dinner meetings. Please let us hear from you. Contact any current board member or Linda Hendrix at 303-463-4690 or lghcolo@aol.com for details.

Dinner Meetings June 15, 2005 July 20, 2005

August 6, 2005 PICNIC September 21, 2005

October 19, 2005 November 16, 2005

January 18, 2006 - SOCIAL February 15, 2006

STUDENT NIGHT March 15, 2005 April 19, 2006 May 17, 2006

Board Meetings June 22, 2005 July 27, 2005

August 24, 2005 September 28, 2005

October 26, 2005 November 23, 2005

January 25, 2006 February 22, 2006 March 22, 2006 April 26, 2006 May 24, 2006

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IMA’s CMA Learning System

Offered by Regis University

If you’ve been meaning to study for the CMA Exam, but haven’t been motivated to set aside the time, then the CMA Exam preparation course through Regis Learning Solutions is a great solution. Regis Learning Solutions has partnered with the Denver-Centennial Chapter of IMA to offer the CMA Learning System. By enrolling you will experience the best CMA Exam preparation avail-able.

Description

The CMA Learning System™ includes over 1,300 pages of printed material organized into four courses corresponding to the four parts of the newly revised body of knowl-edge for the CMA Exam. The Web compo-nents include more than 1,200 questions and online application exercises to measure com-prehension of concepts and calculations.

Study Topics

Course One – CMA Part 1: Business Analysis

Business Economics, Global Business, In-ternal Controls, Quantitative Meth-ods, Financial Statement Analysis

Course Two – CMA Part 2: Management Accounting and Reporting

Budget Preparation, Cost Management, Information Management, Performance Measurement, External Financial Report-ing

Course Three – CMA Part 3: Strategic Management

Strategic Planning, Strategic Marketing, Corporate Finance, Decision Analysis, In-

vestment Decisions

Course Four – CMA Part 4: Business Applications

Organizational Management, Organizational Com-munication, Behavioral Issues, Ethical Considera-tions

TUITION includes all materials – The CMA Learning System™

Classes start soon-register before they’re full!

For more information contact Arlo Grady at (303) 526-3005 ext. 118 e-mail agrady@regislearning.com.

To register contact Jesse Greer at (303) 458-4267 e-mail jgreer@regis.edu fax (720) 529-4844

To register on-line www.regislearning.com

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President Brian Bedford brianb@theima.org 720.480.3693 President-Elect Linda Hendrix Lghcolo@aol.com 303.463.4690

C:720.205.7785 VP Administration/Finance Patti Simmers Patti.simmers@comcast.net Treasurer Bill Borgman bborgman21@msn.com 303.734.0546

Secretary Kathleen Rinkel krinkel@msn.com 720.870.2229

VP Membership Paula Frazer paula_frazer@kellyservices.com 303.300.0188

Community Outreach

Database Administrator Sarah Johnson Lizzie4me@aol.com 303.871.4930

Employment Larry Hall larryhall@tac-denver.com 303.299.1272

Front Desk Lead Person Renee Hiser rnhiser@yahoo.com 303.910.2589

Front Desk Person Kendra Kennish kkennish@ledgent.com 303.221.3838

Front Desk Person

Front Desk Person

VP Education Bobby Olsen bobby@infonomics.com 303.521.8589

Director of Speakers Bobby Olsen bobby@infonomics.com 303.521.8589

CMA/ CFM Programs Cynthia Berglund Cynthia_berglund@comcast.net 303.768.0221

CMA CFM Promotions

CMA Research Person Karen Welborn karen.welborn@mcdata.com 303.460.4384

CMA Statistician

Student/Activities Night Chairperson

Patti Simmers Patti.simmers@comcast.net 720.304.9828

Student Night Committee Linda Hendrix Lghcolo@aol.com 303.463.4690 C:720.205.7785

VP Communications

Communications

Newsletter Raymond Reed raymondmreed@yahoo.com 720.236.8822

Web Master Andrew Vara andrew@vara.us 303.672.8717

Roster Editor Nina Trapp nina.ramos.trapp@comcast.net 720.260.2400

Roster Membership Info Person

Calling Committee Chairperson

Mike Handy michael.handy@kellyservices.com 720.839.1223

Calling Committee Member Area Conference

Past-President

Dawn Browne dbrownecpa@aol.com

303.210.6409

Member at Large (PP) Mike Westcott mgwestcott@yahoo.com

H:303.306.6866 C:303.917.4407

Member at Large (PP) Gene Robbins crob199727@aol.com 303.791.1010

Board Member Listing for the 2005-2006 Chapter Year

Newsletter Deadline—February 24, 2006. Submit articles to raymondmreed@yahoo.com.

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IMA Denver - Centennial Chapter c/o Raymond M Reed 21122 White Pine Lane Parker, CO 80138

The General Ledger February 2006 Newsletter A Publication of the Denver - Centennial Chapter

Forwarding Address Correction Requested

Send To:

INFORMATION UPDATE (Please Print)

Dr. ___ Mr. ___ Mrs. ___ Ms. ___ Professional Designation ____________________ Account # ___________________________

Last Name ______________________________________ First Name ______________________________ MI ____________________

New/Current Business

Name ______________________________________________________________________________________________________________

Address ____________________________________________________________________________________________________________

City/State/Zip ______________________________________________________________________________________________________

Phone _______________________ Fax _______________________ E-mail __________________________________________________

New Home:

Address ____________________________________________________________________________________________________________

City/State/Zip ______________________________________________________________________________________________________

\

Because you’re about driving

business performance.

You’re about maintaining corporate

integrity, facilitating decision-making, increasing productivity.

You’re about getting the skills,solutions and strategies you

need to enhance your careerand improve the bottom line.

Because you have a critical impacton your organization’s big picture,

you need to be here.

For complete Conference details, including

programming, registration, accommodations

and the exhibition, please visit

www.imaconference.org

RIO ALL-SUITE HOTEL

IMA ANNUAL CONFERENCE & EXPOSITION REGISTRATION FORM JUNE 17 - 21, 2006, LAS VEGAS, NV PRE-REGISTRATION ENDS ON MAY 26, 2006. AFTER THIS DATE, ONSITE FEES ARE IN EFFECT.You may register on-line immediately at www.imaconference.org or complete the information requested below. Please mail to IMA, 10 Paragon Drive, Montvale, NJ 07645,Attention: Annual Conference; or fax to (201) 474-1603. Mailed registration forms must be postmarked by the registration cut-off dates outlined on this form.

PART 1 – Contact Information for Conference Registrant (*Required Information)Please type or print the information requested below as it will be used to produce your Conference badge.

IMA Member #: ______________________________________________________________________________________________________________________________________________________________________________________________________

*Name: ________________________________________________________________________________________________________________________________________________________________________________________________________________________

*Nick name for badge: ______________________________________________________________________________________________________________________________________________________________________________________

*Position Title: ___________________________________________________________________________________________________________________________________________________________

*Company: _________________________________________________________________________________________________________________________________________________________________

*Address: ___________________________________________________________________________________________________________________________________________________________________

*City: _____________________________________________________________________________________________________________________

*State/Province: ___________________ *ZIP/Postal Code: ____________________ Country: ___________

*Telephone: _________________________________ Fax: ______________________________

*E-mail: ______________________________________________________________________________________________________________________________________________________________________

Chapter: _____________________________________________________________________________________________________________________________________________________________________

*Is this your business or home address? ❑ Business ❑ Home

PART 2 – Demographic SurveyPlease complete this survey so IMA can better meet the needs of Conference attendees. Please notethat this information will be available to IMA exhibitors via the barcode on your badge.1. How did you hear about the IMA Conference?

❑ Friend/Colleague ❑ Strategic Finance Mag ❑ Brochure ❑ E-mail ❑ Other2. Which of the following best describes your firm’s industry?

❑ Business Services- 81SIC❑ Construction, Mining, Agriculture- 16SIC❑ Education- 01SIC❑ Finance- 61SIC❑ Government- 93SIC❑ Healthcare- 02SIC❑ High Tech- 86SIC❑ Insurance- 63SIC

3. Number of employees in your company? ❑ Under 10 ❑ 11-50 ❑ 51-100 ❑ 101-200 ❑ 201-500 ❑ 501-1,000 ❑ 1,001-10,000 ❑ Over 10,000

4. Company Revenue?❑ Under $1 million ❑ $1-$10 million ❑ $10-$100 million ❑ $100-$500 million❑ $500 million - $1 billion ❑ $1-$5 billion ❑ $5-$10 billion ❑ Over $10 billion

5. Chose ONE of the following that describes your position?❑ Senior Executive ❑ Vice President ❑ Director ❑ Manager ❑ Coordinator ❑ Support Staff

6. Which of the following BEST describes your purchasing role? ❑ I make the final decision ❑ I provide specifications for the type of products and services we use ❑ I make the initial recommendation ❑ I do the research on new purchases ❑ I do not have a role in the purchase of products and services

7. Why are you interested in attending the Conference? ❑ Networking ❑ Professional Development ❑ Award Winner ❑ Other____________________

PART 3 – Conference RegistrationEarly Bird and Regular Registration fees increase at midnight Eastern Standard Time. Pre-Registrationends on Friday, May 26. After this date, on-site registration fees apply to all registrants.

Member Full Registration ❑ $900 ❑ $1000 ❑ $1,100Member Minimum Purchase ❑ $810 ❑ $910 ❑ $1,010Member One Day Registration* ❑ $395 ❑ $495 ❑ $595

Educator MemberFull Registration ❑ $645 ❑ $745 ❑ $845Minimum Purchase ❑ $555 ❑ $655 ❑ $755

Student Member ❑ $185 ❑ $185 ❑ $185

ELA/ELMFull Registration ❑ $500 ❑ $600 ❑ $700Minimum Purchase ❑ $405 ❑ $505 ❑ $605

Non-memberFull Registration ❑ $1,085 ❑ $1,185 ❑ $1,285Minimum Purchase ❑ $1,000 ❑ $1,100 ❑ $1,200Non-member One-Day Registration* ❑ $525 ❑ $625 ❑ $725

Exhibit Hall Pass(Hall access only) ❑ $ 75 ❑ $ 75 ❑ $ 75

*Please check day(s) for One-Day registration: ❑ Sun. ❑ Mon. ❑ Tues. ❑ Wed.

Subtotal of Fees from Part 3 $ ______________

PART 4 – SessionsPlease complete the Session Selection Sheet.

PART 5 – Optional EventsPre-Conference Workshops (PCW) Saturday, June 17, 2006Please refer to session descriptions on pages 8-12 of the Conference Brochure.9:00 a.m.–5:40 p.m. (8 CPE)$250❑ PCW1

9:00 a.m.–11:40 a.m. (3 CPE) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100❑ PCW2 ❑ PCW ❑ PCW4

12:00 p.m.–2:40 p.m. (3 CPE) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100❑ PCW5 ❑ PCW6 ❑ PCW7

3:00 p.m.–5:40 p.m. (3 CPE) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100❑ PCW8 ❑ PCW9 ❑ PCW10

6:00 p.m.–8:40 p.m. (3 CPE) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100❑ PCW11 ❑ PCW12 ❑ PCW13 ❑ PCW14

MEF Golf Classic, Tuesday, June 20, 2006, 7:30 a.m. Shot GunPlayer One (Registrant submitting this form) @ $150 per person . . . . . . . . . . . . . . . . ❑ $150Your handicap or average score: ______________Club rental needed* ❑ Yes ❑ No ❑ Right-handed ❑ Left-handed*Payment for club rental will be handled by the Pro Shop on the day of the tournament.

Preferred foursome: _______________________________________________________

Guests Activities

#_____ Guests for Annual Dinner @ $90 per person $ __________________

#_____ Awards Lunch (Tues. or Wed.-Circle Day) @ $40 per person $ __________________

#_____ Exhibit Hall Pass (Hall access only) @ $75 per person $ __________________Please note that children under age 21 are not eligible for this pass and are not permitted into the Exhibit Hall.Names: _______________________________________________________________________

Subtotal of Fees from Part 5 $ ________________SCMS ActivitiesSCMS Members & Guests: Indicate # of tickets ____ Dinner $80 ea. ____Hospitality $35 ea.SCMS Inductees ONLY: Indicate # of tickets ____ Dinner $80 ea. ____Hospitality $17.50 ea.

Inductee Name:___________________________________________________________

Sponsor Name:____________________________________________________________

Subtotal of SCMS Fees $ ___________________

PART 6 – Payment InformationRegistration fee MUST accompany this form. Purchase orders and checks drawn on a non-U.S.bank are not accepted. Registration fees are payable to the Institute of Management Accountantsin U.S. dollars, drawn on a U.S. bank. IMA reserves the right to charge the correct amount.

Total Fees from Part 3 $ ___________________

Total Fees from Part 5 $ ___________________

Total Fees from SCMS (If applicable) $ ___________________

Total $ ___________________

❑ Check (Make check payable to: Institute of Management Accountants)

❑ Credit Card: ❑ AMEX ❑ Visa ❑ MasterCard ❑ Discover

Credit Card Number: ________________________________________Exp. __________

Credit Card Holder’s Name (please print): ___________________________________________________________________

Signature of Card Holder __________________________________________________________

Billing address if different than address used in Part 1:

Company: _____________________________________________________________________

Street: ________________________________________________________________________

City: __________________________________________________________________________

State: __________________________ ZIP: ___________________________

❑ If you require handicap facilities, require special assistance, or have special dietaryrequirements, please check this box and attach a written description of your needs.

Is this your first IMA Conference? ❑ Yes ❑ No

By returning this registration form to IMA, the registrant on this form agrees to comply with the registration policies and procedures associated with the Annual Conference & Exposition.

Early Bird Regular On-SiteApril 7 April 8 – May 26 May 27

$__________$__________$__________

$__________$__________

$__________

$__________$__________

$__________$__________$__________

$__________

(Mo. / Year)

Last First M.I.

/

❑ Manufacturing- 21SIC❑ Media and Entertainment- 03SIC❑ Nonprofit- 90SIC❑ Pharmaceutical & Biotechnology- 96SIC❑ Real Estate- 82SIC❑ Transport, Communication, Utilities- 41SIC❑ Wholesale/Retail Trade- 51SIC❑ Other- 99SIC

SESSION SELECTION SHEET PRE-REGISTRATION ENDS ON MAY 26, 2006. AFTER THIS DATE, ONSITE FEES ARE IN EFFECT.

Using the assigned session numbers, indicate a first, second, and third choice for each time slot below. Reference the “Sessions-at-a-Glance” on www.imaconference.org for assigned session numbers and complete session titles. Selecting a session does not guarantee access, however, it will allow IMA toassign each session to an appropriate sized room. Sessions, with the exception of Hands-On Sessions, are on a first-come, first-served basis. Hands-On Sessionshave a limited capacity, and admission to these on-site will be by registration list. General Sessions are available to all Conference registrants and admission to allsessions is by Conference badge. Mail this form along with your Conference Registration Form to: IMA, 10 Paragon Drive, Montvale, NJ 07645; Attention: AnnualConference, or fax to (201) 474-1603. Pre-Registration ends on May 26, 2006 at 5:00 p.m. Eastern Standard Time.

IMA Member #: ____________________________________

Name: __________________________________________________________ Phone: _________________________________________________________

Breakfast Session

7:00 a.m. – 8:15 a.m.

BSM1 The Art of Successful Leadership:

Commitment, Competency and Community

All Conference registrants are invited

to attend this session.

Lunch Session

12:00 p.m. – 1:40 p.m.

LHM1 Brown Bag Lunch

❑ will attend ❑ will not attend

Afternoon Sessions

1:45 p.m. – 3:00 p.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

AND

3:30 p.m. – 4:45 p.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

OR

Workshop

1:45 p.m. – 4:45 p.m.

ERM1 ____________________________

Breakfast Session

7:00 a.m. – 8:15 a.m.

(Please check (✓) the breakfast you will attend.)

❑ BST1 Beyond Compliance

❑ BST2 Fair Value

Lunch Session

12:00 p.m. – 1:30 p.m.

(Please check (✓) the lunch you will attend.)

❑ LST1 Awards Luncheon

❑ LST2 From Basic Costing

Afternoon Sessions

1:45 p.m. – 3:00 p.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

AND

3:30 p.m. – 4:45 p.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

Breakfast Session

7:00 a.m. – 8:15 a.m.

(Please check (✓) the breakfast you will attend.)

❑ BSW1 How to Select

❑ BSW2 Technology

Lunch Session

12:00 p.m. – 1:30 p.m.

(Please check (✓) the lunch you will attend.)

❑ LHW1 CMA/CFM Awards Lunch

❑ LHW2 On the Road

Afternoon Sessions

1:45 p.m. – 3:00 p.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

AND

3:30 p.m. – 4:45 p.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

Academic Roundtable OR

8:00 a.m. – 10:05 a.m.

❑ will attend ❑ will not attend

Academic Community Day

10:30 a.m. – 4:00 p.m.

(For IMA Educator Members only)

❑ will attend ❑ will not attend

Morning Session

9:00 a.m. – 10:15 a.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

AND

10:30 a.m. – 11:45 a.m.

First Choice ________________________

Second Choice______________________

Third Choice _______________________

OR

First Timer Orientation

11:00 a.m. – 11:45 a.m.

❑ will attend ❑ will not attend

Monday, June 19

Tuesday, June 20

Wednesday, June 21

Sunday, June 18

Register for Pre-Conference Workshops on the Conference Registration Form.

Saturday, June 17